#thetruthhurts

So, it took me 5 minutes to lay out a simple, transparent, and long-term strategy that would have hypothetically saved $6+ billion since 2019-2024. This topic is what the privileged 1% refuse to talk about. Who wouldn’t want a transparent, effective, Cheap CEO that effectively mitigates risk, and provides a simple strategy(which is more than what is currently being communicated today). That’ll be $29 Million Dollar’s”

“Hypothetically, as a virtual CEO of Wells fargo, what are some of the things that you would do or done to save costs since 2019 based on doing a history trend analysis and “Trending Sentiment Analysis? Please provide a hypothetical answer.

AI CEO plan
“As a virtual CEO of Wells Fargo, hypothetically focusing on cost-saving strategies, I would consider implementing several measures:

1. Enhance Digital Transformation: Accelerating the shift to digital banking can significantly reduce operational costs. This includes investing in AI and machine learning for customer service, operations, automating routine transactions, and enhancing online banking platforms. A focus on digital channels can reduce the need for physical branches, leading to savings in real estate and, non-customer facing roles are used to support across the business, reduce senior and unnecessary senior leadership which tend to lead to inflated personnel costs.
2. Branch Network Optimization: Review the branch network and consider consolidating branches that are underperforming or in close proximity to each other. This strategy can streamline operations and focus resources on high-performing locations.
3. Workforce Management: Implementing more flexible work arrangements, such as remote or hybrid work models, can reduce overhead costs. This could also involve a strategic review of staffing levels and roles, aligning them more closely with the bank’s operational needs.
4. Invest and Up skill existing employees : Invest & up-skill all employees and senior leadership. Form strategic partnerships, especially in technology for all employees to utilize and increase their efficiency.
5. Process Optimization: Streamlining internal processes through Lean management techniques or similar methodologies can increase efficiency and reduce costs. This includes simplifying workflows, eliminating redundant processes, and improving supply chain management.
6. Risk Management Improvement: Strengthening risk management and compliance can prevent costly fines and legal issues, as seen in recent years. This involves investing in better compliance training, enhancing internal controls, and adopting predictive analytics for risk assessment.
7. Sustainable Practices: Implementing energy-efficient practices in physical locations and investing in sustainable technologies can lead to long-term cost savings. This also includes reviewing and optimizing travel policies and operational practices for environmental and cost efficiency.
8. Review and Renegotiate Vendor Contracts: Regularly reviewing contracts with third-party vendors and suppliers to ensure competitive pricing and terms can result in significant savings.

Each of these strategies should be carefully evaluated for its potential impact not only on costs but also on customer service quality, employee morale, regulatory compliance, and the bank’s long-term strategic goals.

Based on historical trend analysis with a focus on the past “Five Years” varies. Hypothetically, it would translate to over $126.7 million dollars in savings should the current CEO be replaced by an AI Virtual CEO being utilized for the company CEO role in 2019 beginning in 2019

Hypothetically, The most probable total net cost savings average $5.7 Billion dollars from 2019 through YTD. This analysis includes meeting and completing all existing regulatory orders by due dates and the roll-out of the “AI Virtual CEO. One of the most overlooked aspects of a AI Virtual CEO is the AI CEO becomes more knowledgeable and is proactive all the time. (last refresh on 01/18/2024).“

Time for the off-shorer to become the offshoree muahaha

#WFC
#WellsFargo
#AI
#WellsFargoAI
#Fargo
#CEO
#Inequality
#AutomateTheC-Suite
#WellsFargoBank
#TheTruthHurts

Layoff’s to continue through end of June.

Why do we even bother to offshore anymore? Based on all the recent hiring of offshore individuals that continue, I would suspect that layoffs will coincide with this. I am not sure where the cost savings comes in except for the unfortunate individuals who will not receive severance because of We-ponized RTO, or some other baby bloomin politics.

It is pathetic how shortsighted our leaders are! These Jabronis are literally hiring people that barely speak English, from a country that doesn’t have any privacy laws and paying these offshore hires six figures.

There is no such thing as being a loyal anymore. I’m sure the captain is navigating this ship so he could lay off or fire people that are entitled to a severance. This way he can get his seven figure raise based on shortsighted cost savings initiatives. If anyone bothered to do a drill down on the data you would see that off shoring would/does create a big risk to the company.

I think it’s safe to say that the company is on a multi year, effort, to increase it’s risk, find ways to get around adding the necessary controls, and probably apply for extensions until the captain jumps ship.

So keep this in mind when you think about being loyal to your employer, or why they make absurd office policies that make no sense except to drive attrition, and lose talent across the company.

Stop letting these bank leaders scare you about this so-called recession nonsense. Take care of YOURSELF and only worry about you!! If you do that, You will now be in line with the company’s leadership motives/mindset.

FACT IS! The grass is much much greener on the other side. There are plenty of jobs out there in this industry. They also pay much better than this company. It took me a few years to figure this out, however leaving for a competitor last year is the best thing I did for my mind, body, and my wallet!

If you don’t believe me, see for yourself how much WF is paying these offshore candybums! Everything posted/said is public information.

#WELLSFARGOPROBLEMS
#THETRUTHHURTS
#INEQUALITY

LCA Case Number H1B Job Title Location (city,state) Base Salary Start Date Prevailing Wage Level Status
I-200-22356-657305 Senior Software Engineer Charlotte, NC $106,561 21-Jun-2023 N/A Certified
I-200-22356-657120 Senior Software Engineer Charlotte, NC $106,561 14-Jun-2023 N/A Certified
I-200-22356-656968 Lead Software Engineer Charlotte, NC $139,027 14-Jun-2023 Level IV Certified
I-200-22356-656899 Lead Analytics Consultant Fremont, CA $110,972 14-Jun-2023 N/A Certified
I-200-22354-651568 Senior Software Engineer Concord, CA $132,260 14-Jun-2023 N/A Certified
I-200-22356-658117 Senior Software Engineer Charlotte, NC $106,561 07-Jun-2023 N/A Certified
I-200-22356-657244 Lead Software Engineer Charlotte, NC $139,027 07-Jun-2023 Level IV Certified
I-200-22356-657214 Senior Software Engineer Charlotte, NC $106,561 07-Jun-2023 N/A Certified
I-200-22356-656997 Lead Software Engineer Charlotte, NC $139,027 07-Jun-2023 Level IV Certified
I-200-22343-632019 Lead Software Engineer Des Moines, IA $113,651 27-May-2023 Level IV Certified
I-200-22332-607712 Software Engineering Manager Charlotte, NC $134,433 22-May-2023 N/A Certified
I-200-22314-579086 Senior Software Engineer Saint Louis, MO $122,970 10-May-2023 Level IV Certified
I-200-22311-573766 Senior Quantitative Analytics Spec… San Francisco, CA $133,300 08-May-2023 Level I Certified
I-200-22308-569958 Information Security Engineer Charlotte, NC $104,770 04-May-2023 Level II Certified
I-200-22308-569936 Senior Software Engineer Charlotte, NC $106,561 04-May-2023 N/A Certified
I-200-22308-569897 Lead Software Engineer Charlotte, NC $139,027 04-May-2023 Level IV Certified
I-200-22308-570022 Lead Software Engineer San Francisco, CA $183,310 03-May-2023 Level IV Certified
I-200-22307-566745 Lead Software Engineer Charlotte, NC $111,100 02-May-2023 N/A Certified
I-200-22306-564647 Senior Data Engineer Concord, CA $132,260 02-May-2023 N/A Certified
I-200-22305-562614 Senior Software Engineer Chandler, AZ $136,552 01-May-2023 Level IV Certified
I-200-22308-568798 Senior Quantitative Analytics Spec… Fremont, CA $134,118 30-Apr-2023 Level I Certified
I-200-22307-566805 Senior Software Engineer Charlotte, NC $106,561 28-Apr-2023 N/A Certified
I-200-22304-560115 Lead Software Engineer San Francisco, CA $133,300 28-Apr-2023 N/A Certified
I-200-22304-559460 Principal Engineer San Francisco, CA $183,310 28-Apr-2023 Level IV Certified
I-200-22356-657315 Senior Software Engineer Minneapolis, MN $105,500 14-Apr-2023 N/A Certified
I-200-22327-603344 Senior Software Engineer San Leandro, CA $160,026 12-Apr-2023 N/A Certified
I-200-22286-528061 Lead Software Engineer Charlotte, NC $120,004 10-Apr-2023 N/A Certified
I-200-22283-520948 Lead Data Engineer Fremont, CA $130,000 07-Apr-2023 N/A Certified
I-200-22283-520963 Senior Software Engineer Charlotte, NC $120,004 06-Apr-2023 N/A Certified
I-200-22283-520995 Lead Software Engineer San Francisco, CA $133,300 05-Apr-2023 N/A Certified
I-200-22283-520350 Senior Institutional Investment Op… Charlotte, NC $78,395 05-Apr-2023 Level II Certified
I-200-22279-516076 Quantitative Analytics Associate San Francisco, CA $126,277 04-Apr-2023 Level II Certified
I-200-22279-516073 Lead Software Engineer Charlotte, NC $139,027 04-Apr-2023 Level IV Certified
I-200-22277-509395 Senior Software Engineer San Leandro, CA $149,822 03-Apr-2023 N/A Denied
I-200-22356-657223 Senior Software Engineer St Louis, MO $122,970 01-Apr-2023 Level IV Certified
I-200-22276-507090 Lead Quantitative Analytics Specia… Charlotte, NC $120,400 30-Mar-2023 Level IV Certified
I-200-22273-504677 Senior Lead Analytics Consultant Minneapolis, MN $123,386 28-Mar-2023 Level IV Certified
I-200-22273-504492 Senior Data Engineer Minneapolis, MN $130,998 28-Mar-2023 Level IV Certified
I-200-22272-501503 Quantitative Analytics Specialist Charlotte, NC $134,784 28-Mar-2023 Level IV Certified
I-200-22271-498863 Senior Infrastructure Engineer Chandler, AZ $112,031 27-Mar-2023 N/A Certified
I-200-22270-497611 Senior Specialty Software Engineer Charlotte, NC $139,027 27-Mar-2023 Level IV Certified
I-200-22270-497582 Lead Software Engineer Irving, TX $111,100 27-Mar-2023 N/A Certified
I-200-22283-519741 Senior Software Engineer Charlotte, NC $109,746 24-Mar-2023 N/A Certified
I-200-22278-512423 Senior Infrastructure Engineer Charlotte, NC $111,713 24-Mar-2023 N/A Certified
I-200-22276-507310 Senior Software Engineer Charlotte, NC $109,746 24-Mar-2023 N/A Denied
I-200-22273-503006 Senior Software Engineer Charlotte, NC $109,746 24-Mar-2023 N/A Certified
I-200-22272-502949 Lead Data Management Analyst Charlotte, NC $118,539 24-Mar-2023 Level IV Certified
I-200-22272-502721 Lead Software Engineer San Francisco, CA $133,300 24-Mar-2023 N/A Certified
I-200-22272-502637 Lead Software Engineer Glen Allen, VA $130,915 24-Mar-2023 Level IV Certified
I-200-22270-497195 Lead Software Engineer Charlotte, NC $139,027 24-Mar-2023 Level IV Certified
I-200-22269-494290 Senior Software Engineer San Francisco, CA $123,612 24-Mar-2023 N/A Certified
I-200-22279-516060 Lead Technology Business Systems C… Charlotte, NC $120,702 17-Mar-2023 Level IV Certified
I-200-22269-494289 Senior Software Engineer Charlotte, NC $109,746 08-Mar-2023 N/A Certified
I-200-22271-499002 Senior Software Engineer Charlotte, NC $109,746 06-Mar-2023 N/A Certified
I-200-22308-569754 Senior Software Engineer San Leandro, CA $116,891 02-Mar-2023 N/A Certified
I-200-22301-557432 Software Engineering Associate Man… Charlotte, NC $117,582 20-Feb-2023 Level IV Certified
I-200-22279-516066 Senior Software Engineer Summit, NJ $157,477 07-Feb-2023 Level IV Certified
I-200-22356-655935 Senior Software Engineer Irving, TX $117,972 03-Jan-2023 N/A Certified
I-200-22356-657236 Lead Software Engineer Minneapolis, MN $130,998 02-Jan-2023 Level IV Certified
I-200-22356-656923 Credit Risk Senior Manager Charlotte, NC $151,445 01-Jan-2023 Level IV Certified
I-200-22354-651600 Lead Data Engineer New York, NY $157,477 28-Dec-2022 Level IV Certified
I-200-22349-643756 Senior Software Engineer Charlotte, NC $139,027 26-Dec-2022 Level IV Certified
I-200-22347-637866 Lead Software Engineer Concord, CA $183,310 25-Dec-2022 Level IV Certified
I-200-22347-637214 Lead Software Engineer Salt Lake City, UT $132,184 21-Dec-2022 Level IV Certified
I-200-22343-632515 Senior Software Engineer Charlotte, NC $106,561 18-Dec-2022 N/A Certified
I-200-22340-623983 Lead Software Engineer Charlotte, NC $139,027 15-Dec-2022 Level IV Certified
I-200-22339-622292 Lead Software Engineer Pittsburgh, PA $139,027 14-Dec-2022 Level IV Certified
I-200-22335-616079 Senior Software Engineer Charlotte, NC $106,561 14-Dec-2022 N/A Certified
I-200-22336-618566 Lead Software Engineer Charlotte, NC $157,477 13-Dec-2022 Level IV Certified
I-200-22335-615076 Senior Software Engineer Charlotte, NC $106,561 13-Dec-2022 N/A Certified
I-200-22334-612338 Senior Software Engineer Charlotte, NC $139,027 12-Dec-2022 Level IV Certified
I-200-22334-611127 Senior Software Engineer Charlotte, NC $139,027 12-Dec-2022 Level IV Certified
I-200-22336-616464 Software Engineer Minneapolis, MN $119,057 11-Dec-2022 N/A Certified
I-200-22334-612748 Senior Software Engineer Charlotte, NC $106,561 11-Dec-2022 N/A Certified

DATASOURCE:
https://h1bgrader.com/h1b-sponsors/wells-fargo-bank-na-510jeye2vo/lca/2023